UEFA announced that the 2007 UEFA European Under-21 Football Championship tournament in the Netherlands would also serve as the qualifying tournament for the Olympics. The four semi-finalists from this tournament were awarded UEFA's four places.
The Netherlands was the first European country to qualify for the Olympics as winner of their group, it will be their first appearance since 1952. Serbia was the second European country to qualify for the Olympics as winner of the other group while Belgium qualified after reaching the semi-finals. The fourth semi-finalist was England; however, because England competes at the Olympic Games as part of Great Britain which does not compete in football, the next two highest ranked teams in the tournament, Italy and Portugal, contested a playoff for the final place, which was won by Italy.